- XAG/USD is currently trading around $14.20 marks.
- It made intraday high at $14.21 and low at $14.10 levels.
- Intraday bias remains neutral till the time pair moves in stiff boundaries from $13.98 to $14.28 marks.
- A daily close above $14.28 will test key resistances at $14.47, $14.70, $14.98, $15.10, $15.32 and $15.47 marks respectively.
- On the other side, a daily close below $13.98 will take the parity down towards key supports at $13.85, $13.68 and 13.51 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take short position on XAG/USD around $14.20, stop loss $14.28 and target of $13.98.


FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 



